KMI debt profile improved substantially in the past years and the current Cash Flow from Operations has a better structural profile in 2012 than what is was in 2010 despite the current reported number is 0.12 vs. 0.81.
I advice you to read the footnotes in the S1 filling when KMI became public. There is a footnote (I do not remember which one exactly) that explains why it is essential to look at the debt profile instead of the single metric.
I have no specific price when to buy them back, just wait for market facts. I am not a weather forecaster. I just analyze fundamentals& technicals. If both do not match I just wait. I separate stocks in 2 groups: stocks for trading or stocks for investing. CRM is a trading stock so I will buy when the stock resumes its uptrend. I do not know exactly the price when that will happen. Not easy concept to explain here. Investing stocks are companies that operate in more predictable industries/businesses. In fact, those stocks move very different from trading stocks. I never trade stocks that are for investing... they move different. Extremely careful to invest in a stock that is more for trading than investing....Your mistake at CRM, same mistake Whitney Tilson did with NFLX.
I bought 600 shares, not 1000 at $160, I previously had 400. Made a mistake in my comments!
The point is this: your fundamental story could be perfect but you must trade in sync with the market both in the long or short side. If the market is not validating your story just wait until it does, if not you can enter extremely early to the position, understand my point ? Do you think that your fundamental analysis alone will make you over perform the market ? You should read all the fundamentals you want but at the end you are a slave of the "tape", as Paul Tudor Jones said. I recommend you to study his methodology .
Just be careful of shorting this stock if the overall market keeps strong. I hope you do not end like my friend Whitney Tilson with NFLX :)
You make me laugh. You do not know who I am and my track record and think I am a novice. Keep thinking that your fundamental analysis alone will outperform the market. Wake up, do you think that fundamentals alone are enought to make outstanding returns ?. If you think that way you have no clue what YOU are doing. Please read the book Market Wizards, read how they operate and think. How many of them mixes fundamentals and technicals ? lot of them. I make single trades of 150k (see my blog where I prove it), which are less than 10% of my personal portfolio and have a 3 sharpe ratio which is outstanding. How much do you manage ?
When you buy momentum you buy a stock at a specific price that you know in advance if the stock goes above that price with above than average volume a material trend could start. This could sound strange but you should learn some things related to technical analysis. You work with 2% stop losses, not more than that. 60% downside ? are you crazy ? I never loss more than 2% my initial position. I bought CRM at $160, stop loss at $156 but my reward profit is above 10%, so I am risking 2% to make 5,10 or more%. I am still holding CRM. The stock went up from 160 to 170 in days. The key is buying THE day the uptrend starts. Check my blog: warrentrades.com They key is combining both fundamentals AND technicals. Not fibonacci, oscilators and all those %%$#$. I am talking about specific technical tools HF uses. Top performing hedge funds do this all the time, fundamentals+technicals.
You can give all the logic and reasoning you want but the market does not care about what you or me thinks. I am long this stock, bought 600 shares at $160 (breakout price) and now I am making money in the long side. When the market turns bearish I will short. Trade in sync with the market. Nobody cares what you think.
Phillips 66: Strong Portfolio Of Assets And Increasing Growth [View article]
Yes it is my blog but the alerts come from a software that scans volume, price, volatility among other things. After that I check its fundamentals. I always invest mixing both concepts. I discovered PSX as my software alerted me and then I checked its fundamentals.
Kinder Morgan Debt Analysis [View article]
I advice you to read the footnotes in the S1 filling when KMI became public. There is a footnote (I do not remember which one exactly) that explains why it is essential to look at the debt profile instead of the single metric.
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I separate stocks in 2 groups: stocks for trading or stocks for investing. CRM is a trading stock so I will buy when the stock resumes its uptrend. I do not know exactly the price when that will happen. Not easy concept to explain here.
Investing stocks are companies that operate in more predictable industries/businesses. In fact, those stocks move very different from trading stocks. I never trade stocks that are for investing... they move different.
Extremely careful to invest in a stock that is more for trading than investing....Your mistake at CRM, same mistake Whitney Tilson did with NFLX.
Salesforce.com: To Invest Or Not? [View article]
Salesforce.com: To Invest Or Not? [View article]
Salesforce.com: To Invest Or Not? [View article]
Salesforce.com: To Invest Or Not? [View article]
The point is this: your fundamental story could be perfect but you must trade in sync with the market both in the long or short side. If the market is not validating your story just wait until it does, if not you can enter extremely early to the position, understand my point ?
Do you think that your fundamental analysis alone will make you over perform the market ? You should read all the fundamentals you want but at the end you are a slave of the "tape", as Paul Tudor Jones said. I recommend you to study his methodology .
Just be careful of shorting this stock if the overall market keeps strong. I hope you do not end like my friend Whitney Tilson with NFLX :)
Salesforce.com: To Invest Or Not? [View article]
In the end is all about the P&L!
Salesforce.com: To Invest Or Not? [View article]
Salesforce.com: To Invest Or Not? [View article]
I bought CRM at $160, stop loss at $156 but my reward profit is above 10%, so I am risking 2% to make 5,10 or more%. I am still holding CRM. The stock went up from 160 to 170 in days. The key is buying THE day the uptrend starts.
Check my blog: warrentrades.com
They key is combining both fundamentals AND technicals. Not fibonacci, oscilators and all those %%$#$. I am talking about specific technical tools HF uses. Top performing hedge funds do this all the time, fundamentals+technicals.
Salesforce.com: To Invest Or Not? [View article]
I am long this stock, bought 600 shares at $160 (breakout price) and now I am making money in the long side.
When the market turns bearish I will short.
Trade in sync with the market. Nobody cares what you think.
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Arg equities have not bottomed yet, wait for them to trade at 2002/2008 price levels
Phillips 66: Strong Portfolio Of Assets And Increasing Growth [View article]